The US Federal Reserve goes into a key rate-setting meeting this week with markets expecting policymakers to pull the trigger on a rate hike to tackle persistently high inflation — and analysts say central bank chief Kevin Warsh’s credibility is on the line. In recent weeks, however, several Fed policymakers — including Warsh himself — have hinted that if inflation does not show clear signs of slowing, the central bank will have to act by raising interest rates.
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